This Week’s Price Action
- Range breaks to the upside (needs follow through)
- 3 bullish patterns to trade to. 1 is on the hourly and the other two larger daily or weekly.
This week’s video
Big picture remains bullish with 2 larger upside targets to trade to.
The Bottom Line:
The market continues to be bullish as we broke and closed above the 3 month trading range last week. We are now focused on 3 bullish upside targets.
1) 2424 (hourly cup/handle target)
2) 2459 2015-2016 range breakout target
3) 2479 March – May range breakout target
See the video for some bullish actionable setups.